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<p>[QUOTE=&quot;dougsmit, post: 3601595, member: 19463&quot;]Those who have collected ancients for a while all have opinions.&nbsp; The problem is there is no consistent standard sent from above telling us how to rank a thousand ancient coins, all things considered, like there is for modern US.&nbsp; When it comes to condition, some will equate the term to grade as you separated the terms while some of us are completely driven by &#039;eye appeal&#039; and include worn coins among our favorites.&nbsp; </p><p><br /></p><p><br /></p><p>Those whose primary concern is investment guarantees are the least likely to profit from what they put into coins.&nbsp; The learning curve required to &#039;know&#039; coins is steep when there are a thousand different considerations.&nbsp; I understand the desire to have guarantees but the fact remains that the only way you will profit from what you buy is if you find someone willing to pay more than you did.&nbsp; Most of the people that get nothing out of their coins but financial gain will move along someday.&nbsp; Will they be replaced with a new crop of &#039;know nothing but buy anythings&#039;?&nbsp; Time will tell.&nbsp; Those who get something out of the hobby other than investment guarantee can profit even if they never sell a coin.&nbsp; The only guarantee is that there is no guarantee.</p><p><br /></p><p><br /></p><p>Correct! People are looking for a single variable that will allow them to fix a value when such things are controlled by at least a hundred variables.&nbsp; With practice, one might cut down the number but such matters as who shows up to bid on a given day and how long a coin owner is willing to sit on his stock before dumping the losers for less than he paid remain harder to calculate into a &#039;value&#039;.&nbsp; Right now I would like to cut down on the number of coins I own but need to decide if I would rather give them to the local high school Latin class or sell them for less than I paid 20 years ago.&nbsp; It seems odd but when dealing with dealers who consider their fair share half or more of the sale price because they will have a minimum of $50 (or another number) to handle a consigned coin and a postal system that charges as much to mail the item as the item is worth in some cases, the cheap out might be giving the stuff away.&nbsp; That is hard to figure into a value guarantee.[/QUOTE]</p><p><br /></p>

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